The AI-powered rally to start the year could broaden out in the third quarter
Investors are wrapping up a surprisingly strong start to the year as they enter a seasonally weak period for markets.
Apple’s market cap closes above $3 trillion for the first time ever
Apple’s market cap topped $3 trillion on Friday, passing the $190.73 share price required to hit the milestone.
Key Fed inflation measure shows prices rose just 0.3% in May
The personal consumption expenditures price index excluding food and energy was expected to increase 0.3% in May and 4.7% from a year ago.
People should stop taking Ozempic, Wegovy obesity drugs before surgery, doctors group says
Patients taking diabetes and weight loss drugs during anesthesia may be at increased risk of serious complications like nausea and vomiting, the ASA said.
This solar stock has a ‘healthy’ setup and can surge more than 50%, Bank of America says
While the stock underperformed this year, down more than 10%, the analyst expects it has plenty of upside.
Buy Dell shares as commercial PC market starts to recover, Citi says
This year, the firm is outperforming in a challenging market for tech hardware names, which enjoyed a major runup during the Covid-19 pandemic.
Analysts are bullish on Nike shares even after the apparel giant’s earnings miss
Nike shares slid in the premarket after the sports apparel company missed earnings expectations. However, it did beat revenue estimates.
This cruise line stock can rally another 45% after more than doubling to start the year, Jefferies says
Carnival shares more than doubled this year and have run up more than 50% this month alone, amid a broader rally for cruise line stocks.
Workers at Boeing 737 supplier approve labor deal, ending strike
Spirit AeroSystems halted production at the Wichita, Kansas, plant last week.
Texas heat is not letting up at night
Heat at night disrupts sleep and prevents the body from recovering and cooling down, making minimum temperatures a critical indicator of a heat wave’s severity, experts said.
